by Sarah Boehle Pool | Nov 4, 2021 | Latest News
Expanding succession planning beyond ownership Business owners are regularly urged to create and update their succession plans. And rightfully so — in the event of an ownership change, a solid succession plan can help prevent conflicts and preserve the legacy you’ve...
by Sarah Boehle Pool | Nov 3, 2021 | Latest News
Selling a home: Will you owe tax on the profit? Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the median price of homes sold in July of 2021 rose 17.8% over July of 2020. The median...
by Sarah Boehle Pool | Nov 1, 2021 | Latest News
Want to find out what IRS auditors know about your business industry? In order to prepare for a business audit, an IRS examiner generally does research about the specific industry and issues on the taxpayer’s return. Examiners may use IRS “Audit Techniques Guides...
by Sarah Boehle Pool | Oct 28, 2021 | Latest News
IRS additional guidance addresses COBRA assistance under ARPA In Notice 2021-46, the IRS recently issued additional guidance on the COBRA premium assistance provisions of the American Rescue Plan Act (ARPA). Under the ARPA, a 100% COBRA premium subsidy and additional...
by Sarah Boehle Pool | Oct 27, 2021 | Latest News
You can only claim a casualty loss tax deduction in certain situations In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires and other disasters. No matter where you live, unexpected disasters may cause damage to your...